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Uber's Deal Scales Robotaxi Ambition
Finance Yahoo·
Uber has finalized a $1.25 billion deal with Rivian, significantly advancing its ambitions in the autonomous vehicle sector. The agreement outlines plans to deploy up to 50,000 autonomous vehicles across 25 cities by 2031. This strategic partnership underscores Uber's commitment to scaling its robotaxi services and integrating advanced self-driving technology into its ride-sharing network. The substantial investment and ambitious deployment target signal a major push towards the future of autonomous mobility.
Tags
ai
acquisition
transportation
Original Source
Finance Yahoo — finance.yahoo.com